Rent to own is only good when you have good credit but need 1 year or less to save the down payment and closing costs. It is NOT good for people with bad credit or that can not close in 1 year or less. Sellers do not need to lease as many finally owe less their house is worth and can now sell it,. Most lease purchases are not in any way good for the tenant... more
What criteria are you looking for, how many beds, baths, location, etc? I am a local investor and work with people who do rent to own situations (seller financing), you do not need to qualify for any type of bank loan. Please email me if you are interested and we may be able to find a home that fits your needs. email@example.com... more
Not sure how it works there, but where I do business in the contracts with the bank it makes you sign that your not related to the previous owner of the home. I hope that you get the answers that you need. Their are a lot of programs out there to help people in your very situation. Try and see if its not to late! I wish you the best of luck!
Only if the buyer and seller agree to share that information. It would not be in their best interest to do that. The best advice is to talk with your agent and see what they may think. They can usually have a general idea based upon market stats, time on market, competition, etc.
Best of Luck!
Coldwell Banker The Real Estate Group, Inc.